Canada

Potash Corp buys stake in Brazilian firm

Cecilia Jamasmie | March 3, 2015
Potash Corp buys stake in Brazilian firm

The move is a bet to become the company's main supplier and expand PotashCorp's presence in Latin America.

Gold buyouts heat up; will Gold Canyon be next?

Market One Media Group | March 4, 2015

Gold Canyon’s (TSX.V: GCU) Ontario, Canada Springpole project may be the next shiny set of shoes about to be scooped up.

Goldcorp first mining company to sign catalyst accord, supporting 25% women on FP500 Boards by 2017

Catalyst Canada | March 4, 2015

The move signals an important step forward for the mining industry, a leading contributor to the Canadian economy.

Plenty of potash, but almost no low cost sources for crop production

US Geological Survey | March 3, 2015
Plenty of Potash, but almost no low cost sources for crop production

While the earth contains enough potash to meet the increased global demand for crop production, some regions lack potash deposits needed for optimal food crop yields, the latest global assessment of the resource by the USGS shows.

Canadian miners the world’s top buyers of assets in 2014

Cecilia Jamasmie | March 2, 2015
Canadian miners the world’s top buyers of assets in 2014

Gold remains the most-targeted commodity by volume, according to EY’s latest report.

Greece deals major blow to Eldorado’s Skouries mine

Cecilia Jamasmie | March 2, 2015
Greece deals major blow to Eldorado’s Skouries mine

The company said it has been blocked from completing construction of a processing plant at the site.

Poor market conditions put major chill on global exploration

Cecilia Jamasmie | March 2, 2015
Poor market conditions put chill on global exploration

Global exploration spending dropped 26% in last year, compared with 2013, as several juniors threw in the towel and producing miners slammed the brakes on capital and exploration expenditure.

Hearings start Monday on new uranium mine in Canadian Arctic

Andrew Topf | March 1, 2015
Global downturn takes a toll on Canada’s north 'mining boom': report

Hearings starting on Monday for a new uranium mine in Canada's Nunavut territory are attracting opposition from environmentalists and local First Nations who say the Kiggavik project impinges on important caribou calving grounds.

VIDEO: Fractionator on the move

Michael Allan McCrae | February 28, 2015
fractionator moving alberta video mining mayhem

Huge.

PDAC kicks off

Michael Allan McCrae | February 28, 2015
pdac 2015 begins toronto mining showfloor

Over 25,000 attendees are expected.

Lukas Lundin “very encouraged” by North Arrow bulk sample

CEO.CA | February 27, 2015
mountain province diamonds

A tight community of stock brokers, promoters and Canadian diamond investors saw some excitement today as North Arrow Minerals (NAR.V), a diamond explorer with active projects in Nunavut, Saskatchewan and elsewhere in Canada, halted its stock pending news.

Poor provincial grade disputed by BC mining group

Cecilia Jamasmie | February 26, 2015
poor-provincial-ranking-disputed-by-bc-mining-group

The Association for Mineral Exploration British Columbia says the province still top destination for companies and investors.

UPDATED: The world's top 10 gold producers

Vladimir Basov | February 26, 2015
UPDATED: The world's top 10 gold producers

Number one Barrick Gold's output drops in 2014, but fellow Canadian firm Agnico Eagle adds 30% to production ounces.

Rio's Turquoise Hill gets rid of remaining stake in SouthGobi

Cecilia Jamasmie | February 25, 2015
Rio's Turquoise Hill gets rid of remaining stake in SouthGobi

Chinese Novel Sunrise Investments has agreed to buy 48.7 million shares in SouthGobi —which was once worth over US$2.4 billion —for 35 cents per share in cash.

Union claims Canada did nothing to stop mining abuses in Mexico

MINING.com News | February 25, 2015
union-claims-canada-did-nothing-to-stop-mining-abuses-in-mexico

Allegations are based on internal documents obtained from the Canadian Department of Foreign Affairs, Trade and Development (DFATD).

Greek govt. vows not to touch Eldorado’s mine

Cecilia Jamasmie | February 25, 2015
Greek govt. vows not to touch Eldorado’s mine

But it is going ahead with a thorough review of permits related to a proposed processing plant at the site.

Canada's oil sands cash flows set to drop by $21 billion

Cecilia Jamasmie | February 24, 2015
Canada's oil sands cash flows set to drop by $21 billion

Current operational costs for producers have reached $37 to $40 per barrel. Benchmark U.S. crude, meanwhile, is trading at around $50 a barrel.

Maine’s mining rules review may open door to Canadian gold, copper project

Cecilia Jamasmie | February 24, 2015
Maine’s review to mining rules may open door to Canadian gold, copper project

Canada's J.D. Irving Ltd. hopes to build a massive open-pit copper and gold mine at the state's Bald Mountain.

Junior mining investment model on life support

Business in Vancouver | February 24, 2015
life-support-machine

Industry fears too many juniors chasing too few dollars will equal too few new mines.

Oilprice.com

The easy oil is gone so where do we look now?

Oilprice.com | February 24, 2015

In 2008, Canadian economist Jeff Rubin stunned the oil market with a bold prediction: With the world economy growing at 5 percent a year, oil demand would grow with it, outpacing supply, thus lifting the oil price from $147 to over $200 a barrel.

Canada’s Saskatchewan second only to Finland as world’s top mining destination

Cecilia Jamasmie | February 24, 2015
Canada’s Saskatchewan second only to Finland as world’s top mining destination

The potash and oil-rich province was placed at the top of the Fraser Institute's annual rank of mining companies.

Shell pulls plug on long-delayed Alberta oil sands mine – The Globe and Mail

Globe and Mail | February 24, 2015

Royal Dutch Shell Plc is shelving plans to build a new oil sands mine in northern Alberta, the largest such project to be deferred as producers struggle with low energy prices.

Zambia eases tax rules, to start refund talks on a ‘company-by-company basis’

Cecilia Jamasmie | February 23, 2015
Zambia eases tax rules, to start refund talks on a ‘company-by-company basis’

The new rules only apply to future payments and not amounts already owed.

Finning's Vancouver branch to cut 500 workers in Canada

Business in Vancouver | February 23, 2015
Finning's Vancouver branch to cut 500 workers in Canada

The figure represents 9% of the company's Canadian workforce, and it is due to "soft market conditions."

Cecilia Jamasmie

Seabed mining dreams shattered by New Zealand latest decision

Cecilia Jamasmie | February 22, 2015
Seabed mining dreams shattered by New Zealand latest decision

The country's refusal of a deep sea mining venture off its coast has cast a shadow over the emerging mining practice.

Chinese firm close to start mining uranium in Namibia

Cecilia Jamasmie | February 21, 2015
Chinese firm close to start mining uranium in Namibia

Once fully operational, the Husab mine will have the potential to produce 15 million pounds of uranium oxide.

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